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El Cruce Hacia El Futuro (Cuenca) Group
In this Group: Elsa Gladys, Janaeth Faviola, Maria Del Carmen, Johanna Belen, Maria Luisa, Maria Angelita, Angelica Patricia, Rosa Del Cisne*, Gladis Blanca
* not pictured
The communal bank, "El Cruce" is located in the neighborhood of El Cruce, which belongs to the parish of Sinincay in the city of Cuenca. Sinincay is in the northeast part of the city. Its tourist attractions are the Colonial Temple, the Cabagana hill, the Pizarro lagoon, etc. It's inhabitants have made the most of the natural resources here like the clay deposits that are the raw material for making tile and bricks. The people here are warm and always wnat to get ahead and look for the best way of working to give their families a better future.


Señora Elsa M. is a member of the communal bank, "El Cruce," which belongs to the Sinincay parish. She is 45 and has been divorced for 16 years. She made this decision because her husband traveled abroad to give them a better future and never came back. She has 4 children who are 27, 25, 23, and 14. Her first and third sons are married and one of them still lives in her home and helps her financially. Her second son works and helps her at home. Her youngest daughter goes to the high school in the city of Cuenca. As a fruit of her labor, she has been able to build her home.


Elsa has a business selling lunches, and she has sold them for 2 years in her community. She also has a clientele and works starting very early to be able to have her lunches ready at noon. She has great friendships with all of the members of her communal bank. They are on their 14th loan, and she tells us that it has helped them get ahead with their families and their businesses. With the new loan that Fundación Espoir is offering her, she will invest in her business by buying products to make her lunches. Her goal is to start a grocery store in her home.


Señora Rosa P. is a member of the communal bank, "El Cruce," and lives in the community called Cruce del Carmen. It belongs to the parish of Sinincay. She is 42; married; and has 6 kids who are 27, 25, 21, 13, 12, and 3. Her first daughter is married and lives independently. Her second and third sons work and help her financially. Her fourth daughter studies at Ecuador high school. Her fifth son studies at the Monsalve Pozo high school. Her husband works in construction, and because of his years of hard work, they have managed to build their own home.


Rosa has worked for two years at the snack bar of the Monsalve Pozo high school, and she tells us that it is going well for her. She has a great friendship with all of the members of her commmunal bank. They are on their 14th laon and she tells us that it has helped her improve her home. With this new loan from Fundación Espoir, she will invest in her home. Her goal is to make some repairs to her home.


Señora Gladys Ullaguari is a member of the communal bank, "El Cruce" and lives in the Santa Ana del Cruce neighborhood, which belongs to the Sinincay parish. She is 57, married, and has 7 children whose ages she doesn't remember. Her first four children are married and three of them live independently. Only one of her married daughters lives in her house but she lives in a separate area. Two of her children study at CECAP, and one son works to help her pay the water and light bill. Her husband works in construction. Through many years of work, they have managed to build their own home. She tells us that it is small but very warm.


Gladys has a business where she works selling fruit. She has her own stand in a market. She has done this for 2 years, and she tells us that there are good weeks and bad weeks, but there is always a little profit so she can take food to her home. Her work schedule is from 8 a.m. to 5 p.m. She has a great friendship with all of the members of her bank. This is her fourth loan, and she tells us that her loans have benefitted her business. With this new loan from Fundación Espoir, she will invest in her business to help her family. Her goal is to make some repairs to her home.

View original language description ↓
El banco comunal El Cruce, se encuentra en el barrio del Cruce, perteneciente a la parroquia de Sinincay en la ciudad de Cuenca, Sinincay se encuentra al noroeste de la ciudad, sus atractivos turísticos son su Templo Colonia, el Cerro de Cabagana, la Laguna de Pizarro, etc., sus habitantes han aprovechado los recursos de la naturaleza como son los yacimientos de arcillosos que son la materia prima para la fabricación de teja y ladrillo, su gente es cálida siempre quieren salir en adelante y buscan la mejor manera de trabajar para darles un futuro mejor a su familia.

La Sra. Elsa M. es socia del banco comunal El Cruce, perteneciente a la parroquia de Sinincay, tiene 45 años de edad, se encuentra divorciada hace 16 años tomando la decisión porque su esposo viajo al extranjero para darles un mejor futuro pero jamás regreso, ha procreado 4 hijos de 27, 25, 23 y 14 años de edad, su primer y tercer hijo se encuentran casados y uno de ellos aun vive en su casa ayudando económicamente, su segundo hijo trabaja y le ayuda en su casa, su ultima hija estudia en el colegio Ciudad de Cuenca, fruto del esfuerzo de su trabaja a podido construir su casa.

Elsa tiene un negocio de venta de almuerzos, lleva trabajando 2 años vende en la comunidad y también cuenta con una clientela trabaja desde muy temprano para poder tener su producto listo al medio día, tiene una gran amistad con todas las compañeras del banco comunal, se encuentra en el ciclo 14 trabajando con su bankito y nos comenta que le han ayudado mucho para superase con su familia y en su negocio, con el nuevo préstamo que le entrega la FUNDACIÓN ESPOIR, va a invertir en su negocio comprando productos para la elaboración de sus almuerzos, su meta es llegar a tener una tienda de víveres en su casa.

La Sra. Rosa P. es socia del banco comunal El Cruce, vive en la comunidad del Cruce del Carmen, perteneciente a la parroquia de Sinincay, tiene 42 años de edad, se encuentra casada y ha procreado 6 hijos de 27, 25, 21, 13, 12 y 3 años de edad, su primara hija se encuentra casada y vive independientemente, su segundo y tercer hijo trabajan y le ayudan económicamente, su cuarta hija estudia en el colegio Ecuador, su quinto hijo estudia en el colegio Monsalve Pozo, su esposo trabaja en la construcción, siendo merecido el esfuerzo de varios años de trabajo han logrado construir su casa propia.

Rosa trabaja desde hace 2 meses en el bar del colegio Monsalve Pozo y nos comenta que le va bien, tiene una gran amistad con todas sus compañeras del banco comunal, se encuentra en el ciclo 14 trabajando con los prestamos de la fundación y comenta le han beneficiado en la superación de su hogar, con el nuevo préstamo que la FUNDACIÓN ESPOIR, le hace entrega va a invertir en su hogar, su meta es de llegar a arreglar mejor a su casa.

La Sra. Gladys Ullaguari es socia del banco comunal El Cruce, vive en el barrio Santa Ana del Cruce que es perteneciente a la parroquia de Sinincay, tiene 57 años de edad, se encuentra casada y ha procreado 7 hijos de quienes no se acuerda las edades, sus cuatro primeros hijos se encuentran casados tres de ellos viven independientemente, solo una hija casada vive en su casa pero aparte, dos de sus hijos estudian en el CECAP, un hijo trabaja y le ayuda para el pago de agua y luz, su esposo trabaja en la construcción, con el esfuerzo de muchos años de trabajo han logrado construir su casa propia aunque nos comenta que es pequeña pero muy cálida.

Gladys trabaja en su negocio vendiendo frutas, tiene un puesto propio en el mercado, lleva trabajando en su negocio hace 2 años y nos dice que hay semanas buenas y malas pero siempre hay una pequeña ganancia para llevar el pan a su hogar, su horario de trabajo es de 8 a.m. a 5 p.m., tiene una gran amistad con todas sus compañeras del bankito, se encuentra en el cuarto ciclo y nos comenta que los prestamos le han beneficiado en su negocio, con el nuevo préstamo que la FUNDACION ESPOIR, le entregará va a invertir en su negocio y para ayudar a su familia, su meta es de llegar a arreglar su casa.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 81
    View loans »
    Ecuador Loans Fundraising
  • $23,931,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Cruce Hacia El Futuro (Cuenca) Group's $3,300 loan helped a member to purchase rice, sugar, oil, meat, apples, oranges, and food in general.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010